Then govt pays the social security adjustment based on their CPI..as
most recipients cant afford trinkets, only the essentials which have
gone up drastically more than the CPI indicates.... not an accidental
arrangement.
Same with the GDP... 'burocrat 'production' is included... but its
not actual production of goods.... when you see the GPI level or up
just a few points, know that it is averaged with the fast bloating
burocracy..that is actually negative production... its money spent on
non production.
.real goods production in the US is down exactly as much as our annual
deficit number... thats massively in the red,
In other words what we borrow is our deficit..
. its into the trillions of dollars per year now. The annual trade
deficit... that is the real GDP ... its negative.
***
Failure to acknowledge that allows the spin in washington to go
unchecked...in the 250 year life cycle of nations, this does not
recover..
collapse ensues.
We have business cycles all through the 250 years life cycle of a
nation..
then these end... and the nation goes into collapse and takes a
generation or two recover...
Russia and Japan have been through those cycles recently and are
just now digging out after decades...
the USA is next..based on the observable macro econmics and the
driving demographics. China is now rising into its period of
dominance, that will last 50 years or so.
Dr Ravi Batra's book 'the coming collapse 1990' was 20 years
ahead of is time, held off by several engineered bubbles... the dot
com bubble, then stock market bubble, then the real estate
bubble..including the trillions in bank derivitives bubble...
The book is analysis of Kondratief, the Russian economist who studied
these cycles and discovered their root drivers. (human nature,
various aspects of epi genetics)
in all history there has never been a 'soft landing'... thats because
the culture goes rotten at the core... it has to die out and grow
again from seed.
Fortunately those who struggle honestly in this time frame, retain
their integrity and health seed the following generations with the
advanced epigenetics required.
Mother natures perfect solution.
Phil Scott
Speaking of borrowing, the U.S. is borrowing billions of dollars to give to
foreign nations in the form of "aid".
If I went to the bank to borrow $5,000.00 so I could give it to my neighbor
so he could fix up his house, the bank would think I was nuts!
Our credit card bill is now 13.4 trillion dollars! We can no longer afford
to play "rule the world", nor to be giving money to other countries. This is
madness!
We are a poor nation and now need help. Other countries need to return the
favor and send us money.
Ihats actually true